The FBM KLCI extended the rebound move above the 1,700 psychological level. The MACD Indicator has expanded positively above zero, while the RSI is hovering above 50. The key index may revisit the 1,740 level over the near term. Meanwhile, support will be located around the 1,660 level.

TMCLIFE stayed above the EMA9 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI has rebounded off the 50 level. Monitor for a breakout above the RM0.575 level, targeting the RM0.62-RM0.645 levels. Support will be pegged around the RM0.565 level.

SUNSURIA experienced a breakout above the RM0.825 level with improved volumes. The MACD Line has crossed above zero, while the RSI continues to stay above 50. Price target will be envisaged around the RM0.895 and RM0.935 levels. Support will be pegged around the RM0.825 level.

D&O rebounded off the RM0.345 level and trended higher above the weekly EMA9 level with improved volumes. The weekly MACD Indicator expanded positively above zero, but the weekly RSI is overbought. Price may rally towards the RM0.415 and RM0.49 levels after a mild consolidation. Support will be anchored around RM0.345.

Source: M+ Online  Research - 12 Oct 2015